Choose the correct statement about depository institutions.

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Part $1$

A$.$In normal times comma a bank keeps about a half of one percent of deposits as reserves.

In normal times comma a bank keeps about a half of one percent of deposits as reserves.In$$normal$$times$,$a$$bank$$keeps$$about$$a$$half$$of$$one$$percent$$of$$deposits$$as$$reserves$.$

B$.$Upper A chartered bank is a private firm comma chartered under the Bank Act of $1936$ to receive deposits and make loans.

Upper A chartered bank is a private firm comma chartered under the Bank Act of $1936$ to receive deposits and make loans.A$$chartered$$bank$$is$$a$$private$$firm$,$chartered$$under$$the$$Bank$$Act$$of$1936$to$$receive$$deposits$$and$$make$$loans$.$

C$.$The largest institutions in Canada's banking system are the trust and mortgage loan companies.

The largest institutions in Canada's banking system are the trust and mortgage loan companies.The$$largest$$institutions$$in$$Canada$\text{'}$s$$banking$$system$$are$$the$$trust$$and$$mortgage$$loan$$companies$.$

D$.$The interest rate earned on a liquid asset is relatively high.

The interest rate earned on a liquid asset is relatively high.The$$interest$$rate$$earned$$on$$a$$liquid$$asset$$is$$relatively$$high$.$Choose the correct statement about depository institutions.

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Part $1$

A$.$In normal times comma a bank keeps about a half of one percent of deposits as reserves.

In normal times comma a bank keeps about a half of one percent of deposits as reserves.In$$normal$$times$,$a$$bank$$keeps$$about$$a$$half$$of$$one$$percent$$of$$deposits$$as$$reserves$.$

B$.$Upper A chartered bank is a private firm comma chartered under the Bank Act of $1936$ to receive deposits and make loans.

Upper A chartered bank is a private firm comma chartered under the Bank Act of $1936$ to receive deposits and make loans.A$$chartered$$bank$$is$$a$$private$$firm$,$chartered$$under$$the$$Bank$$Act$$of$1936$to$$receive$$deposits$$and$$make$$loans$.$

C$.$The largest institutions in Canada's banking system are the trust and mortgage loan companies.

The largest institutions in Canada's banking system are the trust and mortgage loan companies.The$$largest$$institutions$$in$$Canada$\text{'}$s$$banking$$system$$are$$the$$trust$$and$$mortgage$$loan$$companies$.$

D$.$The interest rate earned on a liquid asset is relatively high.

The interest rate earned on a liquid asset is relatively high.The$$interest$$rate$$earned$$on$$a$$liquid$$asset$$is$$relatively$$high$.$